Chairman of the HCM City People’s Committee Nguyen Thanh Phong receives Park Soo Kwan, Honorary Consul General of Vietnam in the RoK’s Busan region (Source: VNA)

HCM City (VNA) – HCM City vows to help foreign investors, including those from the Republic of Korea (RoK), to make long-term investments in the city.

Chairman of the municipal People’s Committee Nguyen Thanh Phong made the promise at a meeting with Park Soo Kwan, Honorary Consul General of Vietnam in the RoK’s Busan region on October 17.

Phong called on Park to continue promoting ties between the two localities and to encourage firms from Busan and the RoK to invest in the city, particularly in building infrastructure, addressing environmental pollution, developing hi-tech agriculture, and in the support industry.

For his part, Park said RoK firms, including those in Busan, consider Vietnam and HCM City as a promising market, adding that they want to help make HCM City a development hub of the region.

Numerous RoK enterprises want to invest in the city in waste treatment, waste-to-energy development, and urban infrastructure, he said.

The RoK is the fourth biggest investor among 92 nations and investing in HCM City.-VNA